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Risk Manager (Insurance)

Risk Manager (Insurance)

Job Title: Risk Manager (Insurance)
Contract Type: Permanent
Location: Floriana,, Malta
Salary: Attractive
Reference: 3330
Contact Name: Mark Sims
Job Published: January 23, 2018 13:20

Job Description

A company licensed by the MFSA to provide Insurance Management and a wide variety of services including compliance, risk management, insurance technical assistance, accounting reporting and payroll services to its clients, is currently seeking to recruit a Risk Manager to join its operations.

Main tasks:

  • To help maintain the Risk Framework systems and processes, and to support the identification and evaluation of the key risks facing the company
  • Collating and validating risk information mainly from the Finance and Investment unit
  • To assist in maintaining risk related information in a format that is easily retrievable
  • To liaise with the Group’s Actuarial and Finance functions in the valuation of Technical provisions
  • To assist in the completion of corporate risk models and the standard formula
  • Assisting with risk management processes such as the risk and control self-assessment process
  • Assist in the completion quantitative reporting templates
  • Supporting the development of an effective risk culture across the business
  • Working closely with risk related functions such as internal audit, actuarial, compliance, underwriting and finance
  • Maintaining compliance with the system of governance requirements under solvency II and promoting sound corporate governance practices
  • Business continuity plan management/maintenance and testing
  • Coordination of operational risk mapping and global risk mapping

The successful candidate should hold a Risk management qualification from a reputable professional or tertiary education institution and should have a minimum of two years’ experience in a similar role. You will adopt a meticulous and conscientious approach to work, while demonstrating the ability to prioritize and work under pressure to meet deadlines.